W.W. Grainger, Inc. (NYSE:GWW) Shares Purchased by BKM Wealth Management LLC

BKM Wealth Management LLC lifted its position in W.W. Grainger, Inc. (NYSE:GWW) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,467 shares of the industrial products company’s stock after acquiring an additional 19 shares during the quarter. BKM Wealth Management LLC’s holdings in W.W. Grainger were worth $1,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of W.W. Grainger in the 3rd quarter valued at $848,000. Trust Co. of Toledo NA OH raised its position in W.W. Grainger by 313.3% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company’s stock worth $1,603,000 after acquiring an additional 1,153 shares during the period. Clark & Stuart Inc acquired a new position in W.W. Grainger during the fourth quarter worth $1,741,000. Toronto Dominion Bank raised its position in W.W. Grainger by 72.6% during the third quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company’s stock worth $22,901,000 after acquiring an additional 9,270 shares during the period. Finally, Empowered Funds LLC raised its position in W.W. Grainger by 27.0% during the third quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company’s stock worth $2,312,000 after acquiring an additional 473 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Northcoast Research assumed coverage on shares of W.W. Grainger in a research report on Tuesday, October 29th. They set a “neutral” rating for the company. UBS Group began coverage on shares of W.W. Grainger in a research report on Wednesday, November 13th. They set a “neutral” rating and a $1,280.00 price objective for the company. Morgan Stanley increased their target price on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 19th. StockNews.com cut shares of W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, JPMorgan Chase & Co. reduced their target price on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, W.W. Grainger currently has an average rating of “Hold” and a consensus target price of $1,148.56.

W.W. Grainger Trading Down 0.0 %

Shares of GWW opened at $1,027.68 on Tuesday. The company has a current ratio of 2.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.62. W.W. Grainger, Inc. has a 12-month low of $874.98 and a 12-month high of $1,227.66. The firm has a 50-day moving average price of $1,083.45 and a 200 day moving average price of $1,072.19. The firm has a market capitalization of $50.05 billion, a P/E ratio of 26.55, a P/E/G ratio of 2.75 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.04). W.W. Grainger had a net margin of 11.12% and a return on equity of 52.43%. During the same quarter in the previous year, the business posted $8.33 earnings per share. Sell-side analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Monday, February 10th will be given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Monday, February 10th. W.W. Grainger’s dividend payout ratio is presently 21.18%.

About W.W. Grainger

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.